MBA 101

If the business world were an exclusive club, an MBA degree would be the golden key to enter.

It is considered one of the most important credentials in business today and has been described as a “wonder” degree that brings a more “3-D” vision to work– leading to higher paying careers and job security. In the United States alone, in any given year, there are more than 300,000 students young and old seeking Master of Business Administration degrees. The number of students taking the mandatory Graduate Management Admissions Test (GMAT) has risen 11 percent from last year.

“The MBA becomes a multiplier in the career of the student,” says Sandeep Krishnamurthy, associate director, Graduate Programs, Business Administration Program for University of Washington Bothell (UW Bothell). “It adds gravitas and credibility. Your voice counts for more and you gain more credibility with coworkers, friends and family. This is especially important for women MBAs seeking to advance their careers.”